VOL. XLV
No 8
25 February 2002
BAHRAIN
Al-Hidds $300Mn Facility To CloseEarly March, BAPCO And Alba To Follow
Finance for the Phase II expansionproject at Bahrains al-Hidd electricity generation/water desalination projectis set to close next month with a $200mn export credit agency (ECA) facilityfrom Switzerlands ERG and a $100mn commercial bank loan from the four-banklead arranger group. MEES understands that HSBC, BNP Paribas, Bank ofTokyo Mitsubishi and the Bank of Bahrain and Kuwait have...
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